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Business, 22.03.2021 18:20 MacenParisi

The following information was taken from the segmented income statement of Restin, Inc., and the company's three divisions:Restin, Inc. Los Angeles DivisionBay Area DivisionCentral Valley Division Revenues$750,000$200,000$235,000$32 5,000 Variable operating expenses410,000110,000120,000180,00 0 Controllable fixed expenses210,00065,00075,00070,000 Uncontrollable fixed expenses60,00015,00020,00025,000 In addition, the company incurred common fixed costs of $18,000. Assume that the Los Angeles division increases its promotion expense, a controllable fixed cost, by $10,000. As a result, revenues increase by $50,000. If variable expenses are tied directly to revenues, the new Los Angeles segment profit margin is

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